Microsoft Cuts Price to Xbox Video Game

Published 8:00 pm, Tuesday, May 13, 2003

Microsoft Corp. said Wednesday it has cut the price of its Xbox video game console by $20 to $179.99 in the United States after a comparable retail reduction by Sony's PlayStation 2.

Sony Computer Entertainment of America said Tuesday it would discount current units of PlayStation 2 by the same amount at select outlets to clear stocks.

In June or July, Sony plans to begin selling the gaming console in a package with an Internet adapter, which was previously available only separately for $39.99.

Now Playing:

Once the items are packaged together, Sony said it will reinstate the $199.99 price for PlayStation 2. Microsoft representatives would not say whether the Xbox will also return to its higher price then.

The announcement comes at the start of the Electronic Entertainment Expo, where companies from around the world feature the latest games and products.